Samsung halts chip production due to blackout

Source: Dukascopy Bank SA
Samsung Electronics Co partly stopped some DRAM and NAND flash chip production at its Hwaseong complex in South Korea due to power failure, the company announced on Wednesday.
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Wed, 01 Jan 2020 15:08:01 GMT

Qinghai Salt Lake Potash fails to sell assets

On Wednesday, Qinghai Salt Lake Industry Group, China's biggest potash producer, failed to sell its assets on an e-commerce website, putting it at risk of delisting from the Shenzhen Stock Exchange.

Wed, 01 Jan 2020 12:51:42 GMT

People's Bank of China cuts reserve ratios

The People's Bank of China announced on Wednesday that it would cut banks' reserve requirement ratio by 50 basis points.

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